Seller's Agent in 2023
Colin Kreager
ABI Multifamily
(602) 714-1400
4 in this area
22 Total Sales
2231 E Taylor St Phoenix, AZ 85006
Central City Neighborhood
6
Beds
--
Bath
--
Sq Ft
1958
Built
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of November 2023This upgraded 5-unit property offers day one cash-flow and nearly a 7% cap rate on actuals! Major upgrades have been done to the bones of the property, including a recent replacement of the main sewer line. Cosmetic upgrades include but are not limited to new flooring, interior & exterior paint, kitchen cabinets & countertops, and bathroom tiles & vanities. The property is well managed with government-assisted tenants on annual leases at market rates. Individually metered for electric. Located in an Opportunity Zone near Phoenix Sky Harbor Airport, downtown Phoenix, and I-10 & Loop 202 freeways. To learn more about City of Phoenix Opportunity Zones go to Drive-by only. Please do not disturb tenants.
Last Agent to Sell the Property
ABI Multifamily License #SA693849000 Listed on: 08/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,893
Year Built
- Built in 1958
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Heating Available
- Separate Meters
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 31 / 2
- Assessor Parcel Number 116-01-073
Community Details
Overview
- 2 Buildings
- 5 Units
- Building Dimensions are Rectangular
- Aviation Homesites Subdivision
Building Details
- Operating Expense $17,743
- Gross Income $65,265
- Net Operating Income $47,898
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2023
Closed on
Dec 27, 2023
Sold by
Bought by
Seller's Agent
Colin Kreager
ABI Multifamily
Buyer's Agent
Sonya Buerger
West USA Realty
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,001
Interest Rate
0.0101%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 9, 2023
Closed on
Nov 14, 2023
Sold by
Bought by
Seller's Agent
Colin Kreager
ABI Multifamily
Buyer's Agent
Sonya Buerger
West USA Realty
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,001
Interest Rate
0.0101%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 1, 2022
Closed on
Mar 24, 2022
Sold by
Bought by
Seller's Agent
Patrick O'Sullivan
Get Multifamily
Buyer's Agent
Matthew Khalil
Incyte Realty, LLC
List Price
$625,000
Sold Price
$640,000
Premium/Discount to List
$15,000
2.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$610,000
Interest Rate
0.0369%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 14, 2020
Closed on
May 6, 2020
Sold by
Bought by
Seller's Agent
Daniel Torres
Gentry Real Estate
Buyer's Agent
Janet Love
Get Multifamily
List Price
$435,000
Sold Price
$435,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.35%
Original Mortgage
$298,200
Interest Rate
0.033%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 12, 2019
Closed on
Jul 3, 2019
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$330,000
Sold Price
$324,000
Premium/Discount to List
-$6,000
-1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.42%
Purchase Details
Closed on
Nov 9, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
0.0342%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 2, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0381%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 27, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
0.0509%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 14, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
0.0509%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 10, 2008
Sold by
Bought by
Purchase Details
Closed on
Oct 12, 2007
Sold by
Bought by
Purchase Details
Closed on
Jan 21, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
0.0597%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 2, 2001
Sold by
Bought by
Purchase Details
Closed on
Dec 18, 1995
Sold by
Bought by
Purchase Details
Closed on
Dec 14, 1995
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Professional Escrow Services | ||
| $685,000 | Silo Title Agency | ||
| $640,000 | Magnus Title | ||
| $435,000 | Pioneer Title Agency Inc | ||
| $324,000 | Empire West Title Agency Llc | ||
| $125,000 | Old Republic Title Agency | ||
| -- | Pioneer Title Agency Inc | ||
| $52,000 | Magnus Title Agency | ||
| $30,000 | North American Title Company | ||
| $109,256 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Security Title Agency | ||
| $135,000 | Security Title Agency | ||
| $13,485 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $500,001 | ||
| Closed | $500,001 | ||
| Closed | $610,000 | ||
| Closed | $298,200 | ||
| Closed | $243,000 | ||
| Closed | $240,000 | ||
| Closed | $167,500 | ||
| Closed | $50,000 | ||
| Closed | $52,000 | ||
| Closed | $108,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $685,000 | -1.4% | -- | |
| 10/26/2023 10/26/23 | Price Changed | $695,000 | 0.0% | -- | |
| 09/19/2023 09/19/23 | For Sale | $695,000 | 0.0% | -- | |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- | |
| 08/25/2023 08/25/23 | For Sale | $695,000 | +11.2% | -- | |
| 03/25/2022 03/25/22 | Price Changed | $625,000 | -2.3% | -- | |
| 03/24/2022 03/24/22 | Sold | $640,000 | +2.4% | -- | View Prior Sale |
| 03/24/2022 03/24/22 | Pending | -- | -- | -- | |
| 03/01/2022 03/01/22 | For Sale | $625,000 | +43.7% | -- | |
| 05/22/2020 05/22/20 | Sold | $435,000 | 0.0% | -- | View Prior Sale |
| 04/15/2020 04/15/20 | Pending | -- | -- | -- | |
| 03/14/2020 03/14/20 | For Sale | $435,000 | +34.3% | -- | |
| 07/16/2019 07/16/19 | Sold | $324,000 | -1.8% | -- | View Prior Sale |
| 07/02/2019 07/02/19 | Pending | -- | -- | -- | |
| 07/01/2019 07/01/19 | Price Changed | $329,900 | 0.0% | -- | |
| 06/12/2019 06/12/19 | For Sale | $330,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,139 | $15,336 | -- | -- |
| 2024 | $2,010 | $14,606 | -- | -- |
| 2023 | $2,010 | $39,360 | $7,870 | $31,490 |
| 2022 | $1,893 | $28,500 | $5,700 | $22,800 |
| 2021 | $1,921 | $24,780 | $4,950 | $19,830 |
| 2020 | $1,913 | $20,900 | $4,180 | $16,720 |
| 2019 | $1,905 | $14,130 | $2,820 | $11,310 |
| 2018 | $1,882 | $11,580 | $2,310 | $9,270 |
| 2017 | $808 | $10,580 | $2,110 | $8,470 |
| 2016 | $828 | $7,910 | $1,580 | $6,330 |
| 2015 | $769 | $7,050 | $1,410 | $5,640 |
Source: Public Records
Agents Affiliated with this Home
-
Colin Kreager
-
Sonya Buerger
Buyer's Agent in 2023
Sonya Buerger
West USA Realty
(480) 322-0155
6 in this area
88 Total Sales
-
Patrick O'Sullivan
Seller's Agent in 2022
Patrick O'Sullivan
Get Multifamily
(602) 842-5050
5 in this area
24 Total Sales
-
Matthew Khalil
Buyer's Agent in 2022
Matthew Khalil
Incyte Realty, LLC
(916) 770-6120
3 in this area
127 Total Sales
-
Daniel Torres
D
Seller's Agent in 2020
Daniel Torres
Gentry Real Estate
(480) 750-9910
9 Total Sales
-
Janet Love
Buyer's Agent in 2020
Janet Love
Get Multifamily
(480) 369-2369
2 in this area
7 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6597018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
Nearby Homes
- 2238 E Taylor St
- 2242 E Taylor St
- 2230 E Taylor St
- 2301 E Taylor St
- 510 N 23rd St Unit 35
- 2329 E Mckinley St Unit 14
- 2314 E Garfield St
- 2223 E Roosevelt St
- 2236 E Roosevelt St
- 2130 E Washington St
- 1018 N 22nd Place
- 2505 E Monroe St
- 1729 E Jefferson St Unit 5
- 30 N 20th St Unit 1
- 1900 E Adams St Unit 13
- 1842 E Washington St Unit 22
- 2117 E Adams St
- 1002 N 27th Place
- 2802 E Van Buren St
- 2243 E Willetta St
- 2237 E Taylor St Unit 2
- 2233 E Taylor St Unit 33
- 2233 E Taylor St
- 2241 E Taylor St
- 416 N 23rd St
- 2229 E Taylor St
- 2231 E Taylor St Unit 3
- 2225 E Taylor St Unit 2
- 2225 E Taylor St Unit 1
- 2225 E Taylor St
- 417 N 23rd St
- 415 N 23rd St
- 2238 E Polk St
- 2238 E Polk St Unit 5
- 2238 E Polk St Unit 4
- 2238 E Polk St Unit 1
- 2238 E Polk St Unit 3
- 2238 E Polk St Unit 2
- 413 N 23rd St
- 402 N 23rd St
Your Personal Tour Guide
Ask me questions while you tour the home.